HB 2950 Prohibits sale of 4 gauge wire N is conservative, Y is liberal. Like the air conditioner coils and condensers that were outlawed for scrap sales in the past, this is simply a private industry wanting to outlaw the sale of large wire to metal recycling companies Yes there are thieves, my own building was hit a few years back and $50.00 worth of copper was stolen along with a dozen aluminum services ripped out too before the idiots realized it wasn’t copper. Around $5000 in damage in all. But that doesn’t mean the solution is to penalize honest men and put the large wire scrap into the hands of the electricians who are the only ones now that can dispose of the wire. Electrician makes more money off the job, life gets more complicated, and a lot of wire will now wind up in landfills to join the aluminum and copper condensers and coils that are now being dumped into landfills.
HB 3042 Talihina Veterans Center Bonds N is conservative, Y is liberal. For the Veterans, right? No, a perfectly good Center will be abandoned so that millions of dollars in bonds can be sold and a new Veterans Center be constructed in another House and Senate district. Yes, there had been some abuses by staff at the old center, some real, some manufactured to cause outrage and create more excuses for selling millions in new bonds. Now each construction dollar spent will require two dollars or more to be repaid over the life of the bonds. For a building that isn’t needed.
HB 3407 Mandates OKIE call before digging on property N is conservative, Y is liberal. Whose land is it anyway? It makes sense to encourage landowners and contractors to call OKIE to flag existing infrastructure underground before digging but most landowners are going to know if there is anything there. Digging a pond out in the back 40 is no risk to utilities. Those that refuse to check are already responsible for any damage so why increase the nanny state?
SB 923 expansion of the Quality Jobs Program N is conservative, Y is liberal. A long time corporate welfare tax credit that does little to generate new jobs. Companies are going to locate where labor is available, where cheap land and buildings are to be had, not because they get a 5% tax credit on their payroll costs. States try to outbid each other and companies wind up chasing tax credits only to leave the state once the tax credits dry up.
SB 1252 Events incentive act N is conservative, Y is liberal. Another corporate welfare scheme that does nothing to bring events to the state. Promoters go where the customers or fans of the event are. We had plenty of shows, games, and events before this bill was passed and all it does is drain tax coffers.
SB 1584 Conservation bond debt N is conservative, Y is liberal. Bonds are always bad business because the money is paid back at high interest while the bond holders borrow cheap commercial money to invest in the bonds and the bond selling companies rake in huge commissions. Many times the bonds are not available to the working class or middle class but reserved for favorite customers. If the state needs a building it can afford to save up and pay cash. The Oklahoma Constitution says “No state debt” and that was the case until the late eighties when the Supreme Court traded a favorable bond ruling in exchange for millions of dollars put into their pension plan.
SB 1590 bond issue prisons N is conservative, Y is liberal. Same as above. Yes we need prisons but we shouldn’t be financing in this manner. The state can borrow money just as easily as the investors but the shell game needs continued so that we can pretend the bond debt isn’t debt.